Stock market analysts are bullish after the Reserve Bank of India (RBI) reduced the repo rate to 6.25% on Friday, February 07, 2025. The corporate research analyst, PHD Capital, founder CEO, Pradip Halder, says, “I see rate cut as positive for the equities. It will infuse liquidity into the system.” Echoing him, stock broking firm, Shrimoney, research analyst, Puneet Madan, says, “The rate cut is good as it will provide more liquidity in market.” Repo rate cut will prove to be beneficial for banking, financial sectors: Halder Taking forward his conviction on profitable impact of monetary policy loosening on the domestic equities, the PHP Capital founder says that increase in liquidity will in turn benefit the financial and banking sector in the long term. Bajaj Finance, Kotak Bank are my financial sector plays: Halder The ace market analyst also gave his favourite picks from the financial sector. He is bullish on Bajaj Finance and Kotak Mahindra Bank. Halder has given a buy call on NBFC stock, Bajaj Finance The research analyst has given three target prices on Bajaj Finance. The first one is of ₹8,800 per share, the second target is ₹9,600 apiece and the third one is of ₹10,400 per share. Halder sees Bajaj Finance hitting these levels in a one year time frame. The technical analyst has suggested investors to keep stop loss at ₹7,700 apiece. Stock market expert: Bajaj Finance has 22% upside potential On Friday, Bajaj Finance share price closed at ₹8,470 apiece on the BSE. Halder sees 22% upside potential on the counter. On Kotak Mahindra Bank, Halder has given first TP of ₹2,120 (upside of 9% from Friday’s closing price) and his second TP on the counter is of ₹2,250 (upside of 16%). On Friday, Kotak Mahindra Bank share price closed 1% higher at ₹1,936 apiece on the BSE. Albeit, NSE's thematic index Nifty Bank settled in red after the RBI's repo rate cut announcement on Friday, but, Kotak Mahindra Bank was amongst those six scrips in the 12 constituent thematic index that had closed in positive territory. The central bank has cut repo rate for the first time in nearly last five years. This is seen as positive sign for interest rate sensitive sectors like auto, banking, finance, etc. Shrimoney: Buy call on Hero Motocorp In the auto sector, Shrimoney's Madan has picked India's largest two-wheeler manufacturer, Hero Motocorp as his auto play. Mandan has given TP of ₹5,500 on the counter for 6-8 months time frame. On Friday, the scrip had settled at ₹4,278 apiece on the BSE.Original Article